CIS STEEL BILLET: Prices soften on low scrap prices, poor demand

Export billet prices from the Commonwealth of Independent States (CIS) region declined at the beginning of the week, pressured by low prices and poor demand.

Lower import scrap prices in Turkey as well as low demand in major sales outlets due to the summer slowdown were the main reasons for the negative mood.

“[The] market...

Published

Vlada Novokreshchenova

August 11, 2021

15:57 GMT

Dnipro